Cathie Wood's ARK Invest Sells 3.6 Million Shares of Syros Pharma

Investing

Published: May 27, 2021 9:05 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 3.6 million shares of Syros Pharmaceuticals Inc. (NASDAQ: SYRS) on Wednesday, as the share price of this fund traded up nearly 2% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 3,574,908 shares of Syros Pharma. At Wednesday’s closing price, this would have valued this sale at roughly $20.0 million. This is only a small fraction of the total holdings. ARKK is up 81% over the past 52 weeks.

Here is a quick look at all the other sales that took place across all ARK ETFs:

Fund	Ticker	Company	Shares
ARKF	6060HK	ZHONGAN ONLINE P&C INSURANCE CO LTD	677,300
ARKF	GWRE	GUIDEWIRE SOFTWARE INC	246
ARKG	GH	GUARDANT HEALTH INC	10,800
ARKG	NVS	NOVARTIS AG	166,980
ARKG	PSTI	PLURISTEM THERAPEUTICS INC	50,671
ARKG	TAK	TAKEDA PHARMACEUTICAL CO LTD	78,202
ARKK	SYRS	SYROS PHARMACEUTICALS INC	3,574,908
ARKK	ONVO	ORGANOVO HOLDINGS INC	8,989
ARKK	HUYA	HUYA INC	486,140
ARKQ	AVAV	AEROVIRONMENT INC	11,207
ARKQ	GLEO	GALILEO ACQUISITION CORP	22,423
ARKQ	ADSK	AUTODESK INC	119
ARKX	RAVN	RAVEN INDUSTRIES INC	9,215
ARKX	ADSK	AUTODESK INC	23
ARKX	WKHS	WORKHORSE GROUP INC	6

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

24/7 Wall St.
5 High-Yielding Dividend Aristocrats May Be the Best Stocks to Own Now

In 20 Years, I Haven’t Seen A Cash Back Card This Good

After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.

A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.

Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.